Paul Krugman: No Right Turn
There's no reason for Democrats to change their agenda to attract Republicans fleeing from Trump:
No Right Turn, by Paul Krugman, NY Times: ...we’re finally seeing some prominent Republicans not just refusing to endorse Mr. Trump, but actually declaring their support for Mrs. Clinton. So how should she respond?
The obvious answer, you might think, is that she should keep doing what she is doing... But at least some commentators are calling on her to do something very different — to make a right turn, moving the Democratic agenda toward the preferences of those fleeing the sinking Republican ship. ...
I don’t think there’s much prospect that Mrs. Clinton will actually do that. But if by any chance she and those around her are tempted to take this recommendation seriously: Don’t.
First of all, let’s be clear about what she’s running on. It’s an unabashedly progressive program, but hardly extreme. ... And no, the program doesn’t need to be more “pro-growth.”
There’s absolutely no evidence that tax cuts for the rich and radical deregulation, which is what right-wingers mean when they talk about pro-growth policies, actually work, or that strengthening the social safety net does any harm. ...
It’s true that there are things we could do to boost the U.S. economy. The most important ... would be to ... expand public investment — which is something progressives support but conservatives oppose. So enough already with the notion that being on the center-left somehow means being anti-growth.
Now let’s talk about the politics.
The Trumpification of the G.O.P. didn’t come out of nowhere. On the contrary, it was the natural outcome of a cynical strategy: long ago, conservatives decided to harness racial resentment to sell right-wing economic policies to working-class whites, especially in the South. ...
So now the strategy that rightists had used to sell policies that were neither popular nor successful has blown up in their faces. And the Democratic response should be to adopt some of those policies? Say what? ...
Trumpism is basically a creation of the modern conservative movement, which used coded appeals to prejudice to make political gains, then found itself unable to rein in a candidate who skipped the coding.
If some conservatives find this too much and bolt the party, good for them, and they should be welcomed into the coalition of the sane. But they can’t expect policy concessions in return. When Dr. Frankenstein finally realizes that he has created a monster, he doesn’t get a reward. Mrs. Clinton and her party should stay the course.
Posted by Mark Thoma on Friday, August 5, 2016 at 08:48 AM in Economics, Politics |
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